80: Shutdown Shock
<p>The U.S. shutdown has sidelined a trillion dollars, starving markets and Bitcoin alike. Whales are having their IPO moment, treasury stacks are shrinking, and now BIP-444 drops a fresh dose of chaos into the mix.</p>
<p><strong>Episode Links</strong></p>
<ul>
<li>🇺🇸 <a href="https://partner.river.com/jupiter">Buy Sats on River</a> - The best way to stack in the US</li>
<li>🇨🇦 <a href="https://www.bitcoinwell.com/jupiter">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li>
<li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li>
<li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC">Fold Card</a> - Pay bills Stack Sats</li>
<li>💵 <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG">SALT Lending</a> - Get access to your BTC Value w/out Selling</li>
</ul>
<p><strong>Show Notes</strong></p>
<ul>
<li><a href="https://x.com/TomasOnMarkets/status/1985737698158788882">Tomas on X: "OK, lots of bad takes on X over the past few days. </a></li>
<li><a href="https://decrypt.co/347308/bitcoin-liquidity-government-shutdown">How Bitcoin Liquidity Has Been Affected by the Government Shutdown - Decrypt</a></li>
<li><a href="https://visserlabs.substack.com/p/bitcoins-silent-ipo-why-this-consolidation">Bitcoin’s Silent IPO: Why This Consolidation Isn’t What You Think</a></li>
<li><a href="https://www.youtube.com/watch?v=Pry8GotwAeA">The Truth About Why Bitcoin Isn’t Exploding (Yet) - YouTube</a></li>
<li><a href="https://x.com/tedpillows/status/1983276376930312609?s=12&t=E9EIlRX-vHxbQ8g23lQU3A">Ted on X: "This isn’t a good sign. 🚨 That’s the second Treasury company I’ve seen selling</a></li>
<li><a href="https://x.com/coryklippsten/status/1985827584073220374">Cory 🦢 Bitcoin @ </a><a href="http://Swan.com">Swan.com</a><a href="https://x.com/coryklippsten/status/1985827584073220374"> on X: Was too leveraged, at nearly 50%. In the initial raise, there was supposed to be significantly more in the PIPE, but at close it was $195M of equity, $189M of debt. Much more flexibility at lower leverage, eg for buybacks." </a></li>
<li><a href="https://www.youtube.com/watch?v=T-26Zv7pVW8">Could the AI bubble pop? - YouTube</a></li>
<li><a href="https://finance.yahoo.com/news/bip-444-explained-bitcoin-soft-090206116.html">BIP-444 Explained: The Bitcoin Soft Fork Proposal Dividing Developers and the Community</a></li>
<li><a href="https://github.com/bitcoin/bips/pull/2017">Reduced Data Temporary Softfork by dathonohm · Pull Request #2017 · bitcoin/bips</a></li>
<li><a href="https://x.com/BitMEXResearch/status/1982544076672250078">The BIP 444 proposal is incredibly bad</a></li>
<li><a href="https://x.com/lukedashjr/status/1983294294388838477">Luke Dashjr on X: if someone mines CSAM, BIP 444 will activate to reject that block. The only way technically to then reject BIP 444 is to add a checkpoint pinning the CSAM in the chain"</a></li>
<li><a href="https://primal.net/e/nevent1qqsq7qq4rrsknjs6r2qlwnc0qn8c04p9p7zchhfd45q2kd7q9dmkr8ghc8gzd">My Video on BIP-444: Ok, WTF Is going on with BIP-444? I</a></li>
</ul>
<p><strong>Music</strong></p>
<ul>
<li><a href="https://podcastindex.org/podcast/7294943">Kick It - By: Caroline Hale</a></li>
</ul>
